News
Hiscox Chair: Re Competition Hurts Pricing
Hiscox Ltd. Chairman Robert Childs said the Lloyd's of London insurer is writing less "big ticket" reinsurance as excess capital pushes rates lower. The second-largest Lloyd's insurer by market value ...
IBM, AT&T Build Technology to Quickly Move Data If Disaster Hits
When hurricanes come barreling toward land, people, airplanes and ships are relocated to avoid destruction. Now, some of the world's biggest technology companies are making advances in figuring out ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
12% Chance of Damaging Solar Storm Over 10 Years; Preparation Key: Reuters Columnist
The probability of a solar storm striking Earth in the next decade with enough force to do serious damage to electricity networks could be as high as 12 percent, according to solar scientists. One ...
Regulators Quiz Google on Actions Related to Privacy Ruling
Google's handling of "right to be forgotten" requests from European citizens came under fire by regulators after the search engine company restricted the removal of Internet links to European sites ...
Latest El Niño 2014 Forecast: Weak and Late
El Niño will probably develop as a weak event in late summer or early fall in the Northern Hemisphere, according to MDA Weather Services, while Commodity Weather Group LLC said it may be delayed for ...
Congress Urged to Help Miners with Black Lung Disease
A retired coal miner who suffers from black lung disease urged Congress last week to help clear a backlog of claims of fellow miners who have the disease. "I look to y'all to help us to get that ...
With Premium Refunds in Process, Criticism of Flood Insurance Program Ebbs
Insurance agent, insurance carrier and real estate lobbyists praised federal regulators in charge of the National Flood Insurance Program (NFIP) last week on Capitol Hill, agreeing that the process ...
Aspen Shareholders Vote Down Endurance Proposals
Aspen Insurance Holdings Limited announced Friday that most Aspen shareholders participating in a consent solicitation have rejected two proposals from Endurance Specialty Holdings Ltd, intended to ...